Malik A.

asked • 07/21/21

A question about (Solving a tax rate or interest rate problem using a system of linear equations)

Last year, Shen had $20,000

 to invest. He invested some of it in an account that paid 9%

 simple interest per year, and he invested the rest in an account that paid 7%

 simple interest per year. After one year, he received a total of $1780

 in interest. How much did he invest in each account?

1 Expert Answer

By:

Raymond B. answered • 07/21/21

Tutor
5 (1)

Math, microeconomics or criminal justice

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